Molson Coors Beverage (NYSE:TAP) Releases Earnings Results, Beats Expectations By $0.04 EPS

Molson Coors Beverage (NYSE:TAP) announced its earnings results on Wednesday. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.17 by $0.04, FiscalAI reports. The business had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a positive return on equity of 8.78% and a negative net margin of 15.89%.The company’s revenue was down 2.7% on a year-over-year basis. During the same period last year, the business posted $1.30 EPS. Molson Coors Beverage updated its FY 2026 guidance to 4.607-4.823 EPS.

Here are the key takeaways from Molson Coors Beverage’s conference call:

• The company warned 2026 will be a near-term “reset” year as a $125 million headwind from a spike in the Midwest premium (aluminum) cost plus lapping a one-time incentive will materially pressure gross margins.
• Management launched a strategic blueprint, Horizon 2030, to rewire operations — moving P&L accountability local, speeding commercial decisions, and investing in AI/ERP to drive faster execution and top‑/bottom‑line growth.
• They announced financial discipline measures including a three‑year cost‑savings target of up to $450 million, a rebased annual CapEx of ~$650 million, and reiterated strong cash generation (>$1.1 billion FCF in 2025) while raising the share buyback authorization to an aggregate $4 billion.
• Portfolio actions aim to drive growth: double down on core and value brands, accelerate premiumization, and scale Beyond Beer (now ~10% of revenue) — with a disciplined M&A target of ~$200–350 million to add ~1–2% NSR annually.

Molson Coors Beverage Trading Down 0.0%

NYSE:TAP opened at $50.90 on Thursday. The company has a market capitalization of $10.06 billion, a PE ratio of -4.77 and a beta of 0.48. Molson Coors Beverage has a 52-week low of $42.94 and a 52-week high of $64.66. The stock has a fifty day simple moving average of $48.82 and a 200-day simple moving average of $47.87. The company has a quick ratio of 0.45, a current ratio of 0.60 and a debt-to-equity ratio of 0.37.

Molson Coors Beverage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a $0.48 dividend. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, March 6th. Molson Coors Beverage’s dividend payout ratio (DPR) is -17.60%.

Institutional Trading of Molson Coors Beverage

Institutional investors and hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC raised its position in shares of Molson Coors Beverage by 124.1% during the 4th quarter. Corient Private Wealth LLC now owns 194,385 shares of the company’s stock worth $8,534,000 after purchasing an additional 107,638 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of Molson Coors Beverage in the fourth quarter worth $1,447,000. Mercer Global Advisors Inc. ADV raised its holdings in shares of Molson Coors Beverage by 19.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 90,955 shares of the company’s stock worth $4,246,000 after acquiring an additional 15,125 shares during the last quarter. Corecam AG purchased a new stake in shares of Molson Coors Beverage in the fourth quarter valued at $382,000. Finally, Vident Advisory LLC boosted its stake in shares of Molson Coors Beverage by 92.7% during the fourth quarter. Vident Advisory LLC now owns 56,329 shares of the company’s stock valued at $2,629,000 after acquiring an additional 27,095 shares during the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Molson Coors Beverage News Roundup

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q4 EPS slightly beat expectations (reported $1.21 vs. $1.17 consensus), showing some margin resilience despite revenue pressures. Read More.
• Positive Sentiment: An analyst firm raised its price target and kept an Outperform rating, a supportive signal for sentiment and potential buying interest. Read More.
• Neutral Sentiment: Management presented at the CAGNY conference; the transcript and slide deck provide more detail on cost actions, pricing, and strategic priorities—useful for modeling but not an immediate catalyst by itself. Read More.
• Neutral Sentiment: Company press release and earnings materials outline the quarter (net sales down 2.7%) and full results; these are the reference documents for detailed modeling. Read More.
• Negative Sentiment: FY‑2026 EPS guidance of $4.607–$4.823 was below the Street (consensus ~5.42), signaling an expected profit decline and prompting downward revisions to forward estimates. Read More.
• Negative Sentiment: Management warned that higher aluminum tariffs and softer, price‑sensitive consumer demand will materially pressure 2026 profit — a key near‑term headwind to margins and cash flow. Read More.
• Negative Sentiment: Top‑line softness: Q4 revenue missed estimates ($2.66B vs. ~$2.71–2.72B consensus) and net sales declined year‑over‑year, underscoring demand weakness in core markets. Read More.

Wall Street Analyst Weigh In

Several analysts have recently commented on TAP shares. Evercore reduced their target price on shares of Molson Coors Beverage from $53.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Zacks Research upgraded Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Molson Coors Beverage in a report on Monday, December 29th. Piper Sandler decreased their price target on Molson Coors Beverage from $52.00 to $50.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Finally, Barclays reiterated an “underweight” rating and issued a $49.00 price objective on shares of Molson Coors Beverage in a research report on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Molson Coors Beverage currently has a consensus rating of “Hold” and a consensus price target of $53.43.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.